Venture Capital

DevX

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage, Series A, Series B, Growth

Geographical Focus
India

Industries Focus

  • Technology
  • Healthcare
  • Energy
  • Consumer Goods
  • Real Estate
  • Telecommunications
  • Media
  • Education
  • Agriculture
  • FinTech
  • E-commerce
  • Logistics
  • SaaS
  • Transportation
  • Manufacturing

Investment Size:
1,000,000 to 10,000,000 USD

Investor Details Founded: 2017

DevX is an Ahmedabad-based accelerator that invests in early-stage startups across various sectors, including SaaS, fintech, and direct-to-consumer brands, aiming to boost Gujarat's startup ecosystem. The accelerator provides funding, mentorship, and resources to help startups scale and succeed.

DevX's investment strategy focuses on identifying promising startups in their early stages and providing them with the necessary support to grow. The accelerator has invested in 15 startups, deploying a total of Rs 15 crore, demonstrating its commitment to fostering innovation and entrepreneurship in Gujarat.

With a strong emphasis on nurturing the local startup ecosystem, DevX continues to support and invest in emerging companies, contributing to the economic development and technological advancement of the region.

Requirements
  • Innovative business model
  • Scalable operations
  • Strong management team
  • Clear market demand
  • Potential for high growth
Contact

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